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‘The Daily Wrap:’ Staples, B&N, Costco
Staples Launches B2B Site
Staples Advantage, the business-to-business division of office supply retailer Staples, Inc., has launched a new web site, StaplesAdvantage.com, to address what the company calls customers’ growing demands for supplier consolidation and reduced procurement costs. Current and prospective customers can view the full scale of Staples Advantage’s products and services....
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Minority Growth Represents Retail Opportunity
The increasing percentage of the U.S. demographic profile represented by ethnic minorities presents an opportunity to retailers, according to The Nielsen Company. In particular, retailers who sell CPG products and/or engage in mobile retailing can benefit from shifting U.S. demographics.
Minority Growth Offers CPG Potential
By 2050, more than half of the U.S. population will be non-white...
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Best Buy Looks into Inner City
Consumer electronics retailer Best Buy Co., which has unveiled a variety of new business strategies in recent months, is continuing that trend with a new emphasis on the inner-city market. According to the Minneapolis Star Tribune, Best Buy is pursuing urban customers with new store openings, targeted product assortments, and a marketing partnership with legendary NBA star Earvin (Magic)...
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